"I feel I can't refuse". Errr .. yes you can refuse and must for the time being, to buy you time - time to have a session with a financial adviser and sort out your finances independent of your son - he knows far too much! Then look at getting advice from someone like Age UK. Work out how much you will need to invest to give you an income to live on - it will be much more than you think. Could you really live on the state pension? As others have said, if you give away your savings you won't be able to claim benefits like Pension Credit. If you decide to loan him the money, you must draw up a legal document and have it signed and witnessed (it will be proof that it was a loan and not a gift if you need any benefits in the future). Before you say Yes, you really must sort out if you have enough to live on. Please don't be emotionally blackmailed into this - you need to ensure your own position first; then you will be in a better position to help him later on. (BTW because of changes in the law, buy to let is not the money maker it used to be so make sure he's checked all that out too). Does he have a job? Is it low paid? Maybe money to help him retrain would be more useful?
Shall we reboot our cartoons thread again? 😁
Cross partyAsylum seekers in UK should have right to work after six months!